Panopticon’s Visual Business Intelligence wins The Banker awards

Stockholm, Sweden, June 15, 2006 – Panopticon Software, the leading supplier of visual business intelligence software and part of the Hamsard Group (HMSD) has been highly commended in two categories in The Banker’s highly competitive 2006 technology awards. The implementation of Panopticon’s visual business intelligence by a tier-1 US bank came highly commended in the ‘Application of the Year’ and ‘Sell-side Innovation’ categories.

“There were 270 entries competing for these prestigious awards and we are delighted to have been highly commended in these two important categories,” said Willem De Geer, founder and CEO of Panopticon. “This is clear recognition of visual business intelligence becoming a must-have tool in a very competitive mainstream environment. It is also an endorsement of the client bank’s vision and a tremendous accolade to our development team, acknowledging their continued responsive and innovative delivery of cutting edge solutions to the financial community.”

This is the 4th Annual The Banker Technology Awards. The Wholesale Banking categories focused on nominated innovative projects featuring the newest systems and most imaginative applications with the best delivery and most robust implementation results; The companies recognized by these awards represent the best work in the world of finance, showing inspired use of technology, excellent delivery and return on investment. The Banker’s goal has been to highlight those vendors who have made a real contribution to advancing shareholder value and customer service within financial institutions over the past 12 months. The Banker is part of the Financial Times Business Group.

Judges for The Banker Technology Awards represent a cross-section of financial technology expertise. They include: Chris Skinner, founder Balatro Ltd., Parveen Bansal, TowerGroup, Bob Fuller Head of IT Dresdner Kleinwort Wassserstein, Clive Hawkins, MD equity IT, UBS, Ralph Silva, TowerGroup, Clive Whincup, business partnership director, Lloyds TSB, Flemming Skov, director head of software, Saxo Bank, Pekka Jarvinen, vice president head of R&D Norda, Roberto Rivero, Intelligent Growth, Tony Gandy, TPS Knowledge and P.J. DiGiammarino, CEO, JWG IT.

About Panopticon

Panopticon offers Visual Business Intelligence software for financial institutions, telecommunications firms and other organizations that must make decisions based on very large datasets and real-time streaming data feeds. The company offers a variety of enterprise and desktop products as well as a comprehensive SDK that allows clients to integrate Panopticon’s visualization technology with their own systems and workflows. Panopticon and its clients have won several technology awards from Euromoney and The Banker for their implementations of Panopticon technology. Clients include JP Morgan, Fidelity, Reuters, and Citi. The company has offices in New York, London and Stockholm.

All trademarks used herein, whether recognized or not, are the properties of their respective companies.

For more information, contact:

In Europe:
Robert Ekström, CEO, email: robert.ekstrom _at_ panopticon.com, Tel: +46 (0)8 53 480 480
Panopticon Software AB, Brunnsgatan 9, SE-111 87 Stockholm, Sweden

In the US:
Sam Giertz, President, email: sam.giertz _at_ panopticon.com, Tel: +1 212 907 6420
Panopticon Software USA, The Chrysler Center, 405 Lexington, 26th Floor
New York, NY 10174 USA